Emerging Markets
Amundi applies an integrated and research led approach to investing in EM, looking across equity and fixed income.
We aim to create alpha and avoid permanent capital impairment in a highly imperfect market via a holistic approach.
To do so, we have embedded risk management and portfolio construction capability with bespoke tools designed around the investment process.
Key figures
A Unique Proposition: Cross Asset Capability in EM
Investment Approach
Investment Insight Based on Multiple Perspectives
1 - Macro-Economic, Credit and Equity Research
Identification of structural issues, themes, cycles (short and long).
Turning trends into bottom up ideas.
2 - Credit and Equity Research Operating as One Capability
Fusion of fixed income and equity market research incorporating ESG principles.
Analysing capital structure, business fundamentals and market drivers from both fixed income and equity sides offers a unique perspective and deepens our understanding of the companies we invest in.
3 - Risk Management and Portfolio Construction
Conscious risk takers define the optimal risk adjusted return in our portfolios.
4 - Combining Bottom-Up Macro Research with Quantitave Research and Strategy
Integrated investment process looks to position our EM investors ahead of the curve.
Macro analysis
Equity
-
Provides a broad exposure to EM equities, combining a top-down and bottom-up investment approach
-
Identifying the best opportunities in EM with a strong emphasis on qualitative evaluation liquidity and risk management with the ability to tap into small – midcaps and off-benchmark stocks
-
Focus on the strongest cases in the different regions (Asia ex Japan, CEEMEA - including MENA, Latin America) deploying a fundamental approach, with the ability to tap into small – midcaps and off-benchmark stocks and a risk-conscious mind-set
-
Access to countries amongst the fastest growing in the world (China, India)
-
Economies that are benefiting from growing middle class consumption
-
Provides a broad exposure to EM equities, combining a top-down and bottom-up investment approach
-
Identifying the best opportunities in EM with a strong emphasis on qualitative evaluation liquidity and risk management with the ability to tap into small – midcaps and off-benchmark stocks
-
Focus on the strongest cases in the different regions (Asia ex Japan, CEEMEA - including MENA, Latin America) deploying a fundamental approach, with the ability to tap into small – midcaps and off-benchmark stocks and a risk-conscious mind-set
-
Access to countries amongst the fastest growing in the world (China, India)
-
Economies that are benefiting from growing middle class consumption
Fixed Income
-
Combines long-term macro views with short-term tactical management to build dynamic EM fixed income asset allocation adapted to “Full Cycle” management
-
Seeks yield enhancement without local currency risk in a truly diversified investment universe (>65 countries) with an appealing risk profile
-
Access local growth and yield, deploying a conservative investment style leveraging on local market expertise to take advantage of inefficiencies
-
Seeks out the best investment opportunities within an emerging corporate bond universe across investment grade and high yield, based on proprietary research capabilities
-
Provides a broad exposure to emerging market bonds with a shorter duration
-
Combines long-term macro views with short-term tactical management to build dynamic asset allocation across the entire fixed income universe of developed and emerging markets
-
Combines long-term macro views with short-term tactical management to build dynamic EM fixed income asset allocation adapted to “Full Cycle” management
-
Seeks yield enhancement without local currency risk in a truly diversified investment universe (>65 countries) with an appealing risk profile
-
Access local growth and yield, deploying a conservative investment style leveraging on local market expertise to take advantage of inefficiencies
-
Seeks out the best investment opportunities within an emerging corporate bond universe across investment grade and high yield, based on proprietary research capabilities
-
Provides a broad exposure to emerging market bonds with a shorter duration
-
Combines long-term macro views with short-term tactical management to build dynamic asset allocation across the entire fixed income universe of developed and emerging markets
